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Solana's Flywheel: Why It's Time to Reevaluate Your Solana Thesis | Santiago Santos
Jan 25, 2024
01:10:24
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Quick takeaways
- Solana's focus on improving coordination through lower fees, faster transactions, and enhanced user experience positions it as an attractive option for developers and users in the crypto space.
- Cosmos's Inter-Blockchain Communication (IBC) protocol offers new possibilities for decentralized finance and application-specific chains by enhancing connectivity without compromising security.
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The Potential of Coordination in Crypto
Coordination is essential in every system, and crypto has the potential to improve coordination in various sectors like healthcare, finance, and government. Crypto's value lies in its ability to enhance coordination by providing better incentives and reducing friction. Solana is a prime example of a blockchain that focuses on improving coordination through lower fees, faster transactions, and enhanced user experience. The scalability and usability of Solana make it an attractive option for developers and users alike, with the potential to surpass Ethereum in terms of market cap. The vision of putting NASDAQ on the blockchain and solving coordination problems makes Solana an exciting player in the crypto space.
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